Turnkey Student Housing Investment Opportunity in High-Demand Area! This highly sought-after multifamily property has been a staple in student housing since the 1980s, offering consistent occupancy and strong rental income. Meticulously maintained and updated, the property features high-end kitchens with quartz countertops, premium finishes, and modern appliances—an attractive bonus for tenants seeking style and functionality. Recent updates include a newly expanded parking lot to accommodate more vehicles, boosting tenant convenience and appeal. Newer high-efficiency boilers ensure energy savings and long-term operational cost control. Security and ease of management are top-tier, with keyless entry systems and security cameras throughout, offering peace of mind for both tenants and owners. Coded for 21 occupants, this property is a prime opportunity for investors looking for a well-established, income-producing asset with all the modern amenities and systems in place. Some fall occupants are already in place.
For sale
$829,000
36 Lincoln Ave, Cortland, NY 13045
21beds
0baths
7,647sqft
Multi Family, Single Family Residence
Built in 1900
-- sqft lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
Modern appliancesNewly expanded parking lotPremium finishes
- 30 days
- on Zillow |
- 375 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: March 30, 2025 at 06:46am
Listing by:
Berkshire Hathaway HomeServices Heritage Realty 607-428-0708,
Pamela Cullip 607.261.0439
Source: NYSAMLSs,MLS#: S1594899
Originating MLS: Cortland

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 0
Heating
- Gas, Baseboard, Hot Water
Appliances
- Included: Electric Water Heater, See Remarks
- Laundry: Coin-operated
Features
- Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Tile, Varies
- Basement: Partial
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 7,647
- Total interior livable area: 7,647 sqft
Video & virtual tour
Property
Parking
- Parking features: Three or more Spaces, Driveway, No Garage, Shared Driveway
Features
- Exterior features: Blacktop Driveway
Lot
- Size: 10,371.64 Square Feet
- Dimensions: 75 x 136
- Features: Rectangular, Residential Lot
Details
- Parcel number: 11020008604900020120000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Asphalt,Metal,Shingle
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Laundry Facilities
Location
- Region: Cortland
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $650,000
- Annual tax amount: $23,152
- Date on market: 3/26/2025
- Listing terms: Cash,Conventional
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